The Best Value Properties in Youngstown, OH - UPDATED
• • ☕️ 3 min read • By Noah Blumberg •
Our January post about Youngstown, Ohio has been one of our most popular so we figured we’d take a look at the real estate properties available there once again. In this post, we won’t discuss the Youngstown economy like we did previously and will instead focus more on the properties themselves. At the top of the list you'll find several great deals in need of a significant rehab. You'll also find prices that are hard to match anywhere else in the country.
The Properties
Property #1 is a gorgeous old home with many original 1920s details. The interior needs a total redo and would be ideal for a contractor. With the property’s large home and lot size, it has great potential in one of Youngstown’s more desirable ZIP Codes. The incredibly low $15,000 starting price should motivate the right buyer to bring this beautiful old home back to life.
With a very low $93,000 median price, Youngstown has many opportunities for good deals around and slightly over the median price. Property #17 is in Youngstown‘s most desirable ZIP Code with a 2.86 zipX rating. This charming, move-in ready home could be a great alternative for someone not looking to do any rehab work. Even At about $20,000 over the median price on our list, there is still a strong value to be had.
Property #11 is the first turnkey, multi-family real estate property on our list. It’s a fourplex and is already fully rented out. Despite being well above the median price at $239,900, it’s still relatively cheap. With four tenants providing revenue and property values on the rise, it’s a very attractive investment opportunity.
Reading Resources
- 10 Best Cities to Invest in Rental Properties in 2022
- Best cities to invest in real estate in 2022
- Realtor.com: 2022 Housing Market Predictions
- Florida Atlantic University's School of Business: 100 Top Housing Markets Ranked by Most Overpriced
- Where Are the Best Cities for Real Estate Investment?
- Federal Housing Finance Agency's House Price Indexes
- What Is The Best Place To Buy Investment Property In 2022?
- Most Affordable Places to Live in the U.S. in 2021-2022
| Median List Price | Median Sqft | Median Lot Size(SqFt) | Median HOA Fee |
|---|---|---|---|
| $93,950 | 1,367 | 6,969 | $182 |
| Score** | Property | ZipX** | Type | Cap Rate* | SqFt | Cash-On-Cash Return* | Price |
|---|---|---|---|---|---|---|---|
| 1118.56 | 2300 Volney Rd | 2.05 | single family | N/A | 3624 | N/A | $15,000 |
| 228.06 | 168 Lowell Ave | 2.47 | single family | N/A | 1521 | N/A | $37,000 |
| 215.68 | 4011 Euclid Blvd | 2.47 | single family | N/A | 1458 | N/A | $33,387 |
| 195.63 | 1365 Forest View Dr | 1.27 | single family | N/A | 816 | N/A | $10,500 |
| 183.82 | 443-445 Ferndale Ave | 2.05 | multi family | 15.56 | 2611 | N/A | $60,000 |
| 140.58 | 515 Parkcliffe Ave | 2.05 | single family | N/A | 1551 | N/A | $49,900 |
| 135.01 | 99 Madison Ave | 1.27 | single family | N/A | 1272 | N/A | $19,900 |
| 129.38 | 3929 Mahoning Ave | 2.33 | single family | 9.01 | 2416 | 19.19 | $80,000 |
| 124.64 | 204 Funston St | 1.00 | single family | N/A | 1664 | N/A | $25,000 |
| 109.00 | 364 Broadview Ave | 1.29 | single family | N/A | 1445 | N/A | $30,000 |
| 108.30 | 852 Cook Ave | 2.47 | multi family | N/A | 3584 | N/A | $239,900 |
| 108.23 | 1941 Cherry Hill Ave | 1.29 | single family | N/A | 672 | N/A | $15,000 |
| 105.42 | 4453 South Ave | 2.47 | multi family | N/A | 3498 | N/A | $240,000 |
| 102.22 | 6 S Glenellen Ave | 1.29 | multi family | N/A | 4700 | N/A | $229,900 |
| 99.98 | 1128 Katherine Ave | 1.27 | single family | N/A | 1152 | N/A | $25,000 |
| 93.80 | 1204 Salt Springs Rd | 1.29 | multi family | N/A | 3840 | N/A | $150,000 |
| 88.78 | 2005 Thalia Ave | 2.86 | single family | 6.91 | 1624 | 8.64 | $114,900 |
| 88.26 | 7145 Glendale Ave | 2.47 | multi family | N/A | 1950 | N/A | $119,000 |
| 85.04 | 3114 Neosho Rd | 2.05 | multi family | 6.95 | 1732 | 8.88 | $84,900 |
| 83.05 | 34 W Judson Ave | 1.08 | single family | N/A | 1366 | N/A | $37,000 |
| 81.99 | 7355 Sierra Madre Trl | 2.47 | single family | 9.19 | 1369 | N/A | $82,500 |
| 77.28 | 3130 Nelson Ave | 1.27 | single family | N/A | 720 | N/A | $18,000 |
| 77.15 | 553 E Judson Ave | 1.25 | single family | 15.39 | 1412 | N/A | $45,900 |
| 76.29 | 119 Meadowbrook Ave | 2.47 | single family | 8.14 | 1340 | 14.81 | $85,000 |
| 75.65 | 1620 Country Club Ave | 2.86 | single family | 8.04 | 956 | 14.3 | $82,500 |